Electroneum UPDATE

Electroneum Update – MWC

Hi everyone!

Mobile World Congress in Barcelona (MWC) has drawn to a close and it has been a huge success for us. It has confirmed to us that the business strategy we’ve chosen is the perfect route to obtain the mass cryptocurrency audience that we’ve always promised. We were advised to take plenty of staff as cryptocurrency is very much a topic of discussion among C level executives (C level just means “chief” level – but it sounds much cooler). Well, we are glad we did. We’ve been rushed off our feet all week with people actively seeking us out for a conversation, which lead to a huge number of quick cryptocurrency tutorials and bright prospects.

MWC has certainly helped us with our goals for 2018. We have smashed our own target for getting agreements in place and have one month to go before the end of the first quarter. By the end of this quarter we are more confident than ever that all our Q1 goals will not just be met, but be exceeded.

Highlights of the show included me being introduced to two mobile industry billionaires (I’m not sure I’d ever met one before, but billionaires are like buses, you wait a long time for one, then two come along at the same time). I was also introduced to Steve Pusey, considered to be one of the top ten most influencial people in the mobile phone industry. I’ve met handset manufacturers, dozens of network operators and virtual network operators (MVNOs) and I would say we have over 100 people that we are interested in working with in some capacity over the coming months!

I’ve been involved in many businesses over the years, and attended many trade shows, but I’ve never had a response to a product like we are having for Electroneum. It’s great to be a part of such an exciting project.

Mobile Miner Going Live Monday 5th March

The most important part of Electroneum has always been our Mobile Miner. You’ll be pleased to hear we have an official “go live” date for the Android version and that is Monday 5th March 2018. We’ve been showing the iPhone version on iOS at the MWC show, but we’ve still not got it past Apple’s “app police” yet. Don’t blame Apple, remember they have tough rules on cryptocurrency apps to protect their users. Once we have the Android version live for mining on Monday we will start promoting it and the best thing you can do to help is to us get 100s of thousands or millions of Android downloads which should help our case with Apple. I’m pretty confident the viral effect of the app will be quite large, but we will find out next week!

Security Update

A new version of the Electroneum Android app is available to download right now, and this includes some security updates. We are going to force an update next week, but for now, you can download it whenever you are ready.

The new security feature is going to add yet another layer of security to the online wallets. Whenever you are logging in to the Electroneum app or web based wallet system we will check your IP address and the device you are using (or browser details). You will need to click on a link sent to your primary email account to confirm access rights by the new device / IP address. The app will remain logged in as you are roaming, a new IP address won’t log you OUT once you are logged in, but any NEW attempt to log in will be verified by an email.

This security update will be included in the update on Monday, so will go live at the same time as the mobile miner.

Patented Technology

Last week I hinted that we were working on something with Dentons and whilst we are not quite ready to give the full details, I will let you know that in our integration into this industry and whilst working in our test environment with HUGE numbers of simulated users, we’ve developed some technology and methodologies that are protectable and patentable. We are a whisker away from submitting the patent application, our prior art searches are complete and we are just finalising the technical drawings and over 70 pages of detail. Within the next week or so we should have patent pending status on some very useful cryptocurrency technology that will be useful to any cryptocurrency or cryptocurrency exchange (not just us) as they integrate at scale with extremely large volumes of real users.

As always, thanks for sticking with us and supporting the Electroneum Project. We have an incredibly exciting journey ahead of us but we have nearly everything we need now to make Electroneum the largest cryptocurrency by user numbers during 2018. The mobile miner goes live next week. The last item we need is the ability for the network operators to accept ETN as a payment, and we are working with two of the smaller MVNOs on that integration right now. We can re-use the majority of that code with everyone as they come on board!

All the best,

Richard Ells
Founder of Electroneum.


Ebay use Bitcoin as payments?

Bitcoin May Come to eBay as Platform Drops PayPal as Main Payment Option


For as long as people can remember, there has been a tight relationship between eBay and PayPal. In virtually every case, PayPal is a required option for anyone looking to sell items on the global auction site. That situation will come to change in the near future, as eBay has announced its plan to ditch PayPal as its main payment option. It is a rather surprising turn of events, albeit one that could be quite positive for both companies.

Read Full Story

Mining Electroneum

Electroneum mining with your CPU and GPU is relatively easy. Follow this tutorial and start mining Electroneum today!

This method works with the following operation systems:


All screenshots in this tutorial are taken from APPLE OSX installation procedure, but the process should be pretty similar with all operation systems. If you can install and run programs on your operation system, you should be able to handle this.

Step 1: Register to Minergate to download GUI Miner

1. Go to: https://minergate.com and click the ”Sign Up” on the upper right corner of the homepage.

Signup to Minergate

2. Fill the registration form, verify the reCAPTCHA and click ”Sign up & start mining”.

Fill in the details to register cryptocurrency mining account

Step 2: Download and install Minergate GUI miner

After signing up, you should land on the download section of the Minergate website. Minergate automatically detects your operations system and offers you the suitable version of their GUI Miner. If you scroll down you can see download options for other operation systems also.

Download the Minergate GUI Miner software

Download and install the GUI Miner software!

Step 3: Configure the Minergate GUI Miner

When you open the Minergate GUI Miner you need to navigate to ”OTHER POOLS” tab at the top (if your GUI Miner does not show this option you need to enable it from View → Show other pools).

Minergate GUI Miner Interface view

Add the following settings:

Display name: Whatever you like to add here. For example Pool 1

Pool URL: mine.electroneum.vip:3333

Pool Login: Your Electroneum public wallet address (if you don´t have one, go to my.electroneum.com and get one by signing up).

Add pool details for Electroneum cryptocurrency

Click ”Add pool” on the right!

Step 4: Start mining

To start mining you just need to click the start button from the CPU section. If your GPU is supported, you do the same for the GPU section. I took the screenshots with a computer that did not have supported GPU so the screenshots show GPU Mining ”not available”.

Start mining Electroneum (ETN)

Supported GPU´s: (direct quote from minergate.com)

”Currently we support NVidia cards with CUDA version 7.5, compute capability >2.0 and AMD cards with OpenCL 1.2; latest official drivers should be installed.
What’s more, for Ethereum mining your card should have at least 2 GB of RAM. This limitation is due to the size of Ethereum’s DAG file, which is constantly growing.”

See mining stats and set number of cores and GPU intensity

If you added the pool address that I used in the example, youre now mining on Electroneum VIP pool. You can see your mining stats in the url: http://electroneum.vip/ (Insert your wallet address to see the stats. Note that there is delay in the stats and those are not 100% accurate. You can always see your hashrate in the mining program.).

You can choose the number of cores from you CPU that you would like to use for mining. Usually the more cores you use equals to higher hashrate. For GPU you can set the intensity which works the same way.

Mining other coins

If you like to try to mine other coins than Electroneum, you can use the Minergate GUI Miner´s ”SMART MINER”tab. The smart miner automatically mines the most profitable cryptocurrency at the moment. You should benchmark your system before using this option. To benchmark your system just click ”BENCHMARK” from the top and then click ”Start Benchmark”. The system will check your systems hashrates for different algorithms. After running the benchmark you can start the ”SMART MINER”. To see stats and balances for the coins you mine with the smartminer you need to log in to your Minergate.com account and go to the dashboard section of your account. There you can see your balances for different coins, withdraw your coins and trade the mined coins.

You can find this and other useful Electroneum tutorials from EasyElectroneum.com

If you dont have Electroneum wallet and you just want to test your CPU and GPU hashrate, or you would like to donate some hashing power in exchange for this tutorial: etnk5X5kLm2H1c8yDumhhzhtZ8vNXJ7zw9BMyU1T7ec9XWGg595Cmfk9js2F41topUjWPtxv3wRmwXtvBLvDkZbj8wfwC44cxi

Article Credit goes to — http://electroneum-mining.info/mine-electroneum-etn-cryptocurrency-computer-cpu-gpu/

Upcrypto ETNMiningPool INFO

Connection Details

 Mining Pool Address: etn.ucrypto.com

Mining Ports

 Port: 3333
 Starting Difficulty: 1000
 Description: Low end hardware
 Port: 5555
 Starting Difficulty: 5000
 Description: Mid range hardware
 Port: 7777
 Starting Difficulty: 20000
 Description: High end hardware
 Port: 1111
 Starting Difficulty: 1000
 Description: Web Miner (Coming Soon)
 Port: 8888
 Starting Difficulty: 400000
 Description: Nicehash

For  Windows users new to mining

You can  Download and run ucrypto.com easy miner that has a CPUMiner and GPUMiner with the proper parameters to mine are pool.

Mining Apps

 App Name  Architecture  Downloads  Discussion  Source Code
CPUMiner (forked by LucasJones & Wolf) CPU BitcoinTalk BitcoinTalk Github
Example: minerd -a cryptonight -o stratum+tcp://etn.ucrypto.com:3333 -u YOUR_WALLET_ADDRESS -p x
YAM Miner (by yvg1900) CPU MEGA Twitter Proprietary 
Example: yam -c x -M stratum+tcp://YOUR_WALLET_ADDRESS:x@etn.ucrypto.com:3333/xmr
Claymore CPU Miner CPU BitcoinTalk BitcoinTalk Proprietary 
Example: NsCpuCNMiner64 -o stratum+tcp://etn.ucrypto.com:3333 -u YOUR_WALLET_ADDRESS -p x
Claymore GPU Miner OpenCL (AMD) BitcoinTalk Discussion Proprietary 
Example: NsGpuCNMiner -o stratum+tcp://etn.ucrypto.com:3333 -u YOUR_WALLET_ADDRESS -p x
ccminer (forked by tsiv) CUDA (Nvidia) Github BitcoinTalk Github
Example: ccminer -o stratum+tcp://etn.ucrypto.com:3333 -YOUR_WALLET_ADDRESS -p x